SOLV Acquires Centro Print Solutions
If you’re Rick Lawrence, the owner of Centro Print Solutions in Bend, Oregon, you look long and hard for the right answer. You spend months and many long hours doing your due diligence, vetting possible buyers, and carefully considering all of your options so your staff and your customers will be taken care of the way you want them to be. And you hold out for exactly the right fit.
SOLV – Business Solutions, Connected, a print and promotional distributor based in Meridian, Idaho, turned out to be that right fit. Tressa McLaughlin, CEO of SOLV, announced that SOLV has acquired Centro Print Solutions as of June 1, 2021.
The two companies have a lot in common—a decades-long history in the same industry, members of the same professional associations, providing the same types of products and services, working with the same types of customers and vendors, even using the same ERP software to do business.
But the similarities go much deeper. Both companies operate from a customer-centric point of view, with a philosophy that puts real, long-term relationships ahead of everything else.
The Pacific Northwest angle is another thing that makes the merge such a great fit—two communities steeped in outdoor culture, people who work hard and play harder. Hiking, skiing, rivers, mountains and trees are part of the DNA, as are the relaxed, friendly vibe and a love of microbrews.
And business is booming—both communities are growing and scaling fast. Central Oregon and the Boise area are among the fastest-growing regions in the nation. There’s small-town connection combined with big-time growth.
Geoff Clark, the sales rep at Centro for 18 years, will continue to work in the Bend area under the SOLV banner. Having access to SOLV’s larger team, leveraged technology and national supplier network will allow Clark to focus on expanding and developing customer relationships, helping businesses capture the growth happening in Bend’s bustling economy with his extensive print industry experience.
The acquisition will help strengthen SOLV’s position as a leading provider of business services throughout the Pacific Northwest. “This is a natural fit for us,” said McLaughlin. “We’re honored to continue the legacy of service Centro has been providing in Bend for over 50 years, and we see this as a huge win/win opportunity for growth.”
For more information, visit www.thesolvgroup.com.
The preceding press release was provided by a company unaffiliated with Print+Promo. The views expressed within do not directly reflect the thoughts or opinions of Print+Promo.